Credit rating agency, ICRA has re-affirmed the ratings assigned to bank facilities of Deepak Nitrite. The credit rating agency has re-affirmed the long-term rating of ‘A+’ and short-term rating of ‘A1+’ assigned to the fund based limits and non-fund based limits of the company.
Further, the agency has also re-affirmed the short-term rating of ‘A1+’ assigned to the Commercial Paper (CP) programme of the company.
Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals and a world leader in 2,4 and 2,6 Xylidine.
